Housing Wire

JUNE 21, 2024

Let’s keep it simple: total active listings are still below 2019 levels nationally, and the days on market are under 30 days today. That means that our weekly pending sales contract data is showing growth year over year. However, I can clear up any confusion on this topic. It’s a bit too slow for my taste, but good enough.

Inventory 482

Inventory Housing Market New Listings Contracts 482

Housing Wire

OCTOBER 19, 2022

Depositary banks such as JPMorgan Chase , Wells Fargo and Bank of America have already experienced double-digit contraction in their production in the third quarter, which is also expected of their non-depository peers. That indicates lenders may still face substantial declines in their origination volume in the last quarter of 2022.

Mortgage 418

Mortgage Contracts Retail Marketing 418

Housing Wire

NOVEMBER 2, 2022

“The 30-year fixed rate decreased for the first time in over two months to 7.06%, but remained close to its highest since 2002.”. The Fed will announce the new federal funds rate’s target on Wednesday, which industry observers expect to increase by 75 basis points to 3.25%-4%. from the week prior.

Mortgage 459

Mortgage Retail Contracts Housing Market 459

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market. The days on market were too low.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

JULY 6, 2023

In a bid to strengthen its position in the Gulf Coast market, has acquired Truland Homes , the largest private homebuilder along the Gulf Coast, according to an announcement issued Thursday. Horton’s already strong local market operations.” Horton has been the largest homebuilder by volume in the United States since 2002.

Contracts 370

Contracts Development Insurance Construction 370

Appraisal Buzz

MAY 17, 2021

Many of the complaints and allegations about appraisals related to not addressing the changes happening in the market as the meltdown began to occur, calling the market stable when prices were starting to decline. Between 2002-2005 in many markets, the real estate market was scorching, much like it is today.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

Inventory 482

Inventory Housing Market New Listings Mortgage 482

Housing Wire

MARCH 17, 2022

In fact, considering the drop in builders’ confidence, now we have to watch for whether some people will cancel their building contracts because rates have jumped so much while they’ve been waiting for their new home to be built. It’s a shame that the housing market has to deal with so much drama while the U.S.

Construction 488

Construction Housing Market Inventory Buyers 488

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. can’t have a credit sales boom like we saw from 2002-2005. This is 12.6 percent (±16.9

Construction 370

Construction Housing Market Sellers Real Estate 370

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Sales were also down in 2022 , which sparked concerns of a market crash , but as Anthony predicted, it didn’t happen , more thanks to reduced inventory rather than a decline in sales.

Inventory 71

Inventory Sellers Buyers Contracts 71

Appraisal Today

SEPTEMBER 29, 2023

Today, they are becoming popular to get extra rentals in markets low on housing. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. Some types of non-lender appraisals have little competition, and marketing can be done quickly.

Insurance 83

Insurance Appraisal Contracts Mortgage 83

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. Very tough market now with many layoffs.

Appraisal 52

Appraisal Architecture Business Contracts 52

Appraisal Today

NOVEMBER 4, 2022

Excerpts: As residential property prices plateau or decline in various markets and as borrowers have financial problems with fewer financing options, there are more legal claims being filed by borrowers against appraisers and lenders in relation to appraisals for loans made in recent years. Lender Liability for a Negligent Appraisal?

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

DECEMBER 9, 2022

NOTE: Please scroll down to read the other topics in this long blog post on retirement, classes, adjustments, real estate market, unusual homes, mortgage origination stats, etc. Some have been pushed out of the market entirely. Lack of affordability impacts the market. Topics include: Are we on the cusp of a market correction?

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. ( home prices will decline 5.5%

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Raleigh Realty

AUGUST 10, 2021

Readying a home so that it can be listed on the real estate market can be a daunting task, but there are a few steps that can be taken to alleviate some of that stress for you and your family. This is due to financial stressors, as well as a greater risk of contracting covid if you have an underlying condition.

Insurance 78

Insurance Real Estate Government Real Estate Agent 78

Houston Properties

MAY 16, 2022

A Guide to Houston's Best Ranches & Farms On The Market. Work with the best Realtor in Houston to ensure that you’re purchasing a high-quality home at a favorable market value. The Houston Properties Team has a database of over 30,000 Houston “buyers in waiting” that we’ve been building since 2002.

Marketing 36

Marketing Real Estate Buyers Valuation 36

Appraisal Today

AUGUST 13, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard. Markets hate uncertainty. Or hit the reply button.

Appraisal 78

Appraisal Contracts Real Estate Agent Real Estate 78